Form 4: Whirlpool EVP, CFO James W. Peters Reports Stock Sale and Gift

James W. Peters, EVP, CFO and Admin Officer of Whirlpool Corp, reported the sale of 6,000 shares and a gift of 1,000 shares of common stock on October 28, 2024.

Summary

• On October 28, 2024, James W. Peters, the EVP, CFO and Admin Officer of Whirlpool Corporation, reported a transaction involving the company's common stock.
• Peters sold 6,000 shares at an average price of $104.4774, with prices ranging from $104.40 to $104.64.
• He also gifted 1,000 shares of common stock.
• Following these transactions, Peters directly owns 40,570.274 shares and indirectly owns 4,907.24 shares through a 401(k) stock fund.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock transactions. The sale and gift don't inherently indicate a positive or negative outlook.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The information disclosed is consistent with SEC regulations and reporting requirements.
• Comparable companies like GE Appliances (owned by Haier), Samsung Electronics, and LG Electronics also have similar insider transaction reporting requirements.

Stakeholder Impact

• The stock sale and gift by a high-ranking officer could be perceived in various ways by stakeholders.
• Some might see it as a lack of confidence, while others might view it as a personal financial decision.

Key Dates